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Property profile & analytics
OFF-MARKET
Land

317 Magnolia Ave La Feria, TX 78559

Property ID
Property summary
AI-generated overview

This exceptional 1.456-acre commercial land parcel, encompassing a former church building at 317 W Magnolia Avenue in La Feria, presents a unique investment prospect. The property boasts a substantial 16,097 square feet of interior space, offering significant flexibility for diverse commercial ventures. Its single-tenant configuration simplifies occupancy and management. The lot's size provides ample room for expansion or additional development, catering to a range of business needs. The convenient location on West Magnolia Avenue ensures high visibility and accessibility, making it an attractive option for businesses seeking a prominent presence in La Feria. The property's APN is 2900000140001000/2900000140002000. While parking spaces are not currently available on-site, the ample lot size allows for potential future development to accommodate parking needs. This property is ideal for entrepreneurs and businesses seeking a versatile space with significant potential for growth and customization. The existing structure, previously used as a church, provides a solid foundation for adaptive reuse, offering a unique character and history. This is a rare opportunity to acquire a substantial commercial property in a desirable location.

Property profile
Verified
Property type Land
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
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Comparable Approach Comparable
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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